Aceleron - About the company
Aceleron is a series A company based in London (United Kingdom), founded in 2018 by Amrit Chandan and Carlton Cummins. It operates as a Manufacturer of lithium battery technology for energy storage and power solutions. Aceleron has raised $13M in funding from investors like BGF, Mercia and Midlands Engine Investment Fund, with a current valuation of £*****. The company has 1268 active competitors, including 129 funded and 91 that have exited. Its top competitors include companies like QuantumScape, Amprius Technologies and Sunwoda Electronic.
Company Details
Manufacturer of lithium battery technology for energy storage and power solutions. The company's patented core design enables easy servicing and scalability across its product range. The modular design reduces through-life costs and raw material use. The batteries are applicable in motorhomes, electric all-terrain vehicles, and remote telecom stations.
- Website
- www.aceleronenergy.com/
- Email ID
- *****@aceleronenergy.com
Key Metrics
Founded Year
2018
Location
London, United Kingdom
Stage
Series A
Total Funding
$13M in 5 rounds
Latest Funding Round
Post Money Valuation
£***** as on Jan 03, 2023
Ranked
143rd among 1268 active competitors
Employee Count
1 as on Apr 30, 2026
Similar Companies
Legal entities associated with Aceleron
Aceleron is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Aceleron Limited CIN: 10344567 , United Kingdom, Active | Aug 23, 2016 | - | 28 (As on Dec 31, 2022) |
Sign up to download Aceleron's company profile
Aceleron's funding and investors
Aceleron has raised a total funding of $13M over 5 rounds. Its first funding round was on Oct 03, 2018. Its latest funding round was a Series A round on Jan 18, 2022 for $*****. 3 investors participated in its latest round. Aceleron has 10 institutional investors and 12 angel investors.
Here is the list of recent funding rounds of Aceleron:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 18, 2022 | 2014030 | Series A | 1393626 | 7382688 | 2280252 | 9329325 |
Dec 15, 2021 | 7117921 | Grant (prize money) | 9964587 | 8256614 | 1616101 | |
Oct 13, 2021 | 4124391 | Series A | 5779117 | 5865713 | 2420130 |
View details of Aceleron's funding rounds and investors
Aceleron's founders and board of directors
Founder? Claim ProfileThe founders of Aceleron are Amrit Chandan and Carlton Cummins.
Here are the details of Aceleron's key team members:
- Amrit Chandan: Co-Founder & CEO of Aceleron and founder of 1 other company.
- Carlton Cummins: Cofounder of Aceleron.
View details of Aceleron's Founder profiles and Board Members
Aceleron's employee count trend
Aceleron has 1 employees as of Apr 26. Here is Aceleron's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Aceleron's Competitors and alternates
Top competitors of Aceleron include QuantumScape, Amprius Technologies and Sunwoda Electronic. Here is the list of Top 10 competitors of Aceleron, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | QuantumScape 2010, San Jose (United States), Public | Developer of solid-state lithium-metal battery technology for electric vehicle applications | $1B | 73/100 | |
2nd | Amprius Technologies 2009, Fremont (United States), Public | Developer of silicon nano-wire-based Li-Ion batteries | $55M | 71/100 | |
3rd | Sunwoda Electronic 1997, Shenzhen (China), Public | Manufacturer of lithium-ion batteries, energy storage systems, and related hardware | - | 71/100 | |
4th | 24m Technologies 2010, Cambridge (United States), Series H | Developer of battery technology for electric vehicles and energy storage | $500M | 69/100 | |
5th | Enovix 2006, Fremont (United States), Public | Battery cells developer for lithium-ion batteries | $220M | 69/100 | |
6th | Developer of battery solutions for energy security and sustainable e-mobility | $147M | 68/100 | ||
7th | Factorial Energy 2013, Woburn (United States), Series D | Developer of sustainable solid-state batteries | $244M | 66/100 | |
8th | Indigrid Technology 2017, Gurugram (India), Series A | Platform offering electric vehicle powertrain products and electronic design manufacturing services | $13.9M | 65/100 | |
9th | Manufacturer of automotive batteries and solar products | $65.1M | 65/100 | ||
10th | Manufacturer of lithium ion battery cells for electric vehicle mobility | $1.34B | 65/100 | ||
143rd | Aceleron 2018, London (United Kingdom), Series A | Manufacturer of lithium battery technology for energy storage and power solutions | $13M | 38/100 |
Looking for more details on Aceleron's competitors? Click here to see the top ones
Aceleron's Investments and acquisitions
Aceleron has made no investments or acquisitions yet.
News related to Aceleron
•
ADVIK Powers up with Acquisition of Business Assets of UK-based Aceleron Energy Ltd. for Advanced Li-ion BatteriesBusiness News This Week•Aug 07, 2024•Advik, Aceleron
•
Advik enters EV, ESS Industries with acquisition of Aceleron Assetsbeneluxstockchecker.eu•May 06, 2024•Advik, Aceleron, Advik Power
•
•
Sustainable battery company to accelerate innovation in AfricaTheBusinessDesk.com•Jan 18, 2022•Aceleron, Mobility 54
•
Aceleron secures over £927k in government funding for circular battery storage projectCurrent News•Dec 15, 2021•Aceleron
•
UK business claims to offer ‘world’s most sustainable lithium-ion battery’pv magazine•Nov 22, 2021•Aceleron
•
Sustainable battery pioneer raises further GBP2.5m to boost growthPrivate Equity Wire•Oct 13, 2021•Aceleron, BGF, Midlands Engine Investment Fund
•
Solar-powered computers accelerate digital literacy in MadagascarAfrica Business Communities•Feb 25, 2021•Aceleron, JIROGASY
•
Sustainable batteries firm's £2m BGF boost named Deal of the MonthInsider Media•Aug 14, 2020•BGF, Mercia, Aceleron
•
Aceleron secures £2m boost in quest for waste-free batteriesBusinessGreen•Jul 28, 2020•Aceleron, BGF, Mercia, BGF Industries
Are you a Founder ?
FAQs about Aceleron
Explore our recently published companies
- Djalext - United Kingdom based, Unfunded company
- Diyhero - United Kingdom based, Unfunded company
- Dixonpurefill - United Kingdom based, Unfunded company
- Divinehealth - United Kingdom based, Unfunded company
- Divinedecorandmaintenance - United Kingdom based, Unfunded company
- Dissfitclub - United Kingdom based, Unfunded company